Welcome

The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of Jobs

About half of
the Federal Reserve’s 19 senior officials said they would support ending the
central bank’s monthly purchase of $85 billion in bonds by year-end, according
to an account of the most recent Fed policy meeting released Wednesday

The meeting minutes showed that “many” other members
said asset purchases would likely be needed into 2014

A few wanted to stop the purchases immediately

While the forecasts suggest a possible aggressive
timetable for tapering bond purchases, the minutes reveal that the discussion
about tapering during the meeting was all over the map

Not all 19 members of the Fed had a vote at the meeting
Only 12 are voting members of the Federal Open Market CommitteeThe Fed had already disclosed that two of the 12 voting
members voted against the decisionThe minutes show a wide range of opinions among the Fed
leadership about tapering the bond-purchase plan“Many” Fed voting members said that further improvement
in the outlook for the labor market would be required before it would be
appropriate to taper
“Some” also wanted to see an acceleration in growth
actually happen before acting However, “several” judged that winding down asset
purchases would likely soon be warranted

The officials rejected setting several numerical targets
for tapering, saying that would be difficult to communicateAt his press conference, Bernanke mentioned that the
central bank expects unemployment to be around 7% when the central back is able
to stop buying bonds altogetherThe committee is scheduled to hold its next meeting July
30-31